The Ministry of Finance (MoF) on January 16, 2025, issued an amendment in the older notification no. 2/2017- Central Tax (Rate), dated June 28, 2017, related to exempting intra-state supplies of specified goods from the entire central tax levied under Section 9 of the CGST Act, 2017.
The following has been stated namely: -
• In the Schedule, after S. No. 105 and the entries relating thereto, the following S. No. and entries shall be inserted: - “105A. 30 Gene Therapy”.
• In the Explanation, for clause (ii) and the proviso appended to it, the following clause shall be substituted, namely: -
“(ii) The expression ‘pre-packaged and labeled’ means all commodities that are intended for retail sale and containing not more than 25 kg or 25 litre, which are ‘pre-packed’ as defined in clause (l) of section 2 of the Legal Metrology Act, 2009 (1 of 2010) where, the package in which the commodity is pre-packed or a label securely affixed thereto is required to bear the declarations under the provisions of the Legal Metrology Act, 2009 (1 of 2010) and the rules made thereunder.”
[Notification No. 02/2025- Central Tax (Rate)]
